Piedmont Realty Trust, Inc. Signs over 500,000 SF of Leases Third Quarter-to-Date Bringing Year to Date Leasing to over 1.5 million Square Feet
Piedmont Realty Trust (NYSE:PDM), a Class A office property owner focused on the Sunbelt region, has reported strong leasing activity in Q3 2025. The company has secured over 500,000 square feet of leases in the third quarter, with more than 400,000 square feet attributed to new tenants.
Notable achievements include: 85% of new tenant leases covering previously vacant space, year-to-date leasing volume exceeding 1.5 million square feet, and approximately 178,000 square feet of new tenant leases in the out-of-service portfolio, which is now over 50% leased. The company maintains a robust late-stage pipeline of 400,000 square feet, with two-thirds representing potential new tenants, and remains confident in achieving its 2025 leasing goal of 2.2 to 2.4 million square feet.
Piedmont Realty Trust (NYSE:PDM), proprietaria di immobili per uffici Class A concentrata nella regione del Sunbelt, ha registrato una forte attività di locazione nel terzo trimestre 2025. La società ha siglato oltre 500.000 piedi quadrati di contratti di locazione nel terzo trimestre, di cui più di 400.000 piedi quadrati attribuiti a nuovi inquilini.
Tra i risultati più rilevanti: il 85% dei contratti con nuovi inquilini riguarda spazi precedentemente sfitti, il volume di locazioni da inizio anno supera i 1,5 milioni di piedi quadrati, e circa 178.000 piedi quadrati di locazioni a nuovi inquilini fanno parte del portafoglio fuori servizio, ora occupato per oltre il 50%. L’azienda dispone di un solido portafoglio in fase avanzata di trattativa di 400.000 piedi quadrati, per due terzi relativo a potenziali nuovi inquilini, e resta fiduciosa di raggiungere l’obiettivo di locazioni 2025 di 2,2-2,4 milioni di piedi quadrati.
Piedmont Realty Trust (NYSE:PDM), propietaria de oficinas de Clase A centrada en la región del Sunbelt, ha informado una fuerte actividad de arrendamiento en el tercer trimestre de 2025. La compañía aseguró más de 500.000 pies cuadrados de contratos en el tercer trimestre, de los cuales más de 400.000 pies cuadrados corresponden a nuevos inquilinos.
Logros destacados incluyen: el 85% de los contratos con nuevos inquilinos abarca espacios anteriormente vacíos, el volumen de arrendamientos acumulado en el año supera los 1,5 millones de pies cuadrados, y aproximadamente 178.000 pies cuadrados de contratos con nuevos inquilinos pertenecen a la cartera fuera de servicio, que ahora está alquilada en más del 50%. La compañía mantiene una sólida cartera en etapa avanzada de 400.000 pies cuadrados, de los cuales dos tercios son potenciales nuevos inquilinos, y confía en alcanzar su meta de arrendamiento para 2025 de 2,2 a 2,4 millones de pies cuadrados.
Piedmont Realty Trust (NYSE:PDM), 선벨트 지역에 중점을 둔 Class A 오피스 자산 보유업체가 2025년 3분기에 강한 임대 실적을 보고했습니다. 회사는 3분기에 50만 평방피트 이상의 임대계약을 체결했으며, 그중 40만 평방피트 이상이 신규 임차인에 의해 발생했습니다.
주요 성과로는 신규 임차인 계약의 85%가 이전에 공실이었던 공간을 채운 점, 연초 대비 임대 물량이 150만 평방피트 이상인 점, 그리고 약 178,000 평방피트의 신규 임차인 계약이 서비스 중단 포트폴리오에 포함되어 해당 포트폴리오의 임대율이 현재 50% 이상이라는 점이 있습니다. 회사는 40만 평방피트의 탄탄한 후기 단계 파이프라인을 보유하고 있으며 그중 3분의 2는 잠재적 신규 임차인으로 구성되어 있고, 2025년 임대 목표인 220만~240만 평방피트 달성에 자신감을 유지하고 있습니다.
Piedmont Realty Trust (NYSE:PDM), propriétaire d'immeubles de bureaux Class A axée sur la région du Sunbelt, a annoncé une forte activité de location au troisième trimestre 2025. La société a conclu plus de 500 000 pieds carrés de baux au troisième trimestre, dont plus de 400 000 pieds carrés attribués à de nouveaux locataires.
Parmi les faits marquants : 85% des baux aux nouveaux locataires concernent des surfaces précédemment vacantes, le volume de locations depuis le début de l'année dépasse 1,5 million de pieds carrés, et environ 178 000 pieds carrés de baux de nouveaux locataires proviennent du portefeuille hors service, désormais loué à plus de 50%. La société dispose d'un pipeline solide en phase avancée de 400 000 pieds carrés, dont les deux tiers représentent des locataires potentiels, et reste confiante d'atteindre son objectif de location 2025 de 2,2 à 2,4 millions de pieds carrés.
Piedmont Realty Trust (NYSE:PDM), Eigentümer von Class-A-Büroimmobilien mit Schwerpunkt in der Sunbelt-Region, meldet eine starke Vermietungsdynamik im dritten Quartal 2025. Das Unternehmen hat im dritten Quartal über 500.000 Quadratfuß an Mietverträgen abgeschlossen, davon entfallen mehr als 400.000 Quadratfuß auf neue Mieter.
Zu den bemerkenswerten Erfolgen zählen: 85% der neuen Mietverträge beziehen sich auf zuvor leerstehende Flächen, das kumulierte Mietvolumen seit Jahresbeginn übersteigt 1,5 Millionen Quadratfuß, und rund 178.000 Quadratfuß an Neumieter-Verträgen stammen aus dem außer Betrieb genommenen Portfolio, das nun zu über 50% vermietet ist. Das Unternehmen verfügt über eine robuste Pipeline in späten Verhandlungsstadien von 400.000 Quadratfuß, wovon zwei Drittel potenzielle Neukunden sind, und ist zuversichtlich, sein Vermietungsziel für 2025 von 2,2 bis 2,4 Millionen Quadratfuß zu erreichen.
- Strong Q3 leasing activity with over 500,000 square feet secured
- 85% of new tenant leases are for previously vacant space
- Out-of-service portfolio now over 50% leased
- Robust pipeline of 400,000 square feet in late-stage negotiations
- On track to meet 2025 leasing goals of 2.2-2.4 million square feet
- None.
Atlanta, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company is participating in this week’s Bank of America Securities 2025 Global Real Estate Conference in New York. The Company has completed over 500,000 square feet of leasing thus far in the third quarter, with over 400,000 square feet related to new tenants. Approximately
Commenting on third quarter operational success to date, Brent Smith, Piedmont's President and Chief Executive Officer, said, "Leasing momentum remained strong during July and August with tenant demand continuing to push our leasing volumes to record highs. Of note, we completed five transactions for a full floor or greater demonstrating that the unique environments we’ve created in our renovated buildings, combined with a customer-centric, placemaking mindset, continue to resonate with a broad range of users. The demand from clients was particularly evident in our Minneapolis and Sunbelt markets. Furthermore, with over 400,000 square feet in our late-stage pipeline, two-thirds of which is attributable to new tenancy, and with strong activity across all our markets, we feel confident that we will achieve our 2025 total leasing goal of 2.2 to 2.4 million square feet."
About Piedmont Realty Trust
Piedmont Realty Trust™ (NYSE: PDM), is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of approximately 16 MM SF of Class A properties across major U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into premier “Piedmont PLACEs” that enhance each client’s workplace experience.
Contact: Sarah Heimlich
Company: Piedmont Realty Trust
Phone: 770 418 8800
Email: Investor.relations@Piedmontreit.com
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